FREMONT, Calif. — August 3, 2004 — Panasas, Inc., the leader in scalable network storage for Linux clusters, and SICORP Storage Integrators today announced an agreement to jointly deliver the Panasas ActiveScale Storage Cluster to Linux cluster environments. Through this agreement, SICORP, a provider of end-to-end data storage solutions specializing in high-performance and high-availability data centers, will sell and support the Panasas Storage Cluster to its customers nationwide. The partnership has already generated significant customer adoption. Los Alamos National Laboratory is using the Panasas Storage Cluster to provide over 120 Terabytes (TB) of scalable I/O storage for the 1400-node Lightning cluster in support of the Advanced Simulation and Computing (ASCI) program, as well as other supercomputing clusters. Los Alamos recently purchased an additional 60 TB to provide increased storage support for these clusters.

"Panasas has solved the storage challenge associated with Linux clusters, delivering a high-performance and manageable solution to meet the needs of our HPC customers," said Joseph Bridges, chief executive officer of SICORP. "Additionally, Panasas offers nearly limitless scalability, allowing our customers to keep pace with the demands of their data-intensive environments."

The Panasas Storage Cluster is the first system tailored for Linux cluster computing applications. Based on a breakthrough object-based storage architecture, the Panasas Storage Cluster can deliver up to 30 times more throughput than leading systems by reading and writing multiple gigabytes of data per second. In addition, the system sets an industry record random I/O performance result of 305,805 SFS operations per second.1

"SICORP has a long history of meeting complex challenges associated with HPC, providing its customers simplified implementation, management and operation of storage systems," said Mike Heald, vice president of sales for Panasas. "Working together, we will continue to help companies unlock the full potential of their Linux cluster environments."

About Panasas

Formed in 2000, Panasas, Inc. (www.panasas.com) is the pioneering leader in object-based storage clustering for scalable Linux clusters. Panasas offers a networked storage solution that eliminates the inherent scalability bottlenecks in capacity and performance experienced by traditional networked storage systems. The system, based on industry standards, is designed to easily and cost-effectively integrate into existing IT environments. The company's headquarters are in Fremont, CA with development facilities in Pittsburgh, PA and Houston, TX.

About SICORP

SICORP Inc., founded in 1997, has been delivering Enterprise Storage Networking Systems, Storage Area Networks and Network Attached Storage for building scalable and universally accessible infrastructures. Using our strategic partners' unique system architecture and software technology, SICORP solutions overcome the existing computer systems and deliver unparallel versatility and ease of use with unbeatable price/performance